The European Union has sanctioned two mainland Chinese oil refineries and one Hong Kong-based oil trader as part of its latest efforts to hobble Russia’s war economy, drawing a stern rebuke from Beijing. The companies were listed in a broader package of sanctions agreed by the EU’s 27 member states on Thursday morning, punishing in…
Lawmakers from Brussels and Beijing clashed on Russia and Taiwan, during their first official talks for seven years in the Belgian capital on Thursday. EU lawmakers and other people present said delegates from the National People’s Congress (NPC) echoed Russian narratives on the cause of the three-year war in Ukraine, as they visited the European…
STRASBOURG (Reuters) -Recent drone incidents and other airspace violations show Europe is facing hybrid warfare to which it must respond with measures that go beyond traditional defence, EU Commission President Ursula von der Leyen said on Wednesday. “This is not random harassment,” von der Leyen said in a speech in European Parliament in Strasbourg. “It…
The European Commission has unveiled sweeping measures to shield the EU’s struggling steel industry from a flood of overcapacity that it says is emanating from China, slashing tariff-free quotas by nearly half and doubling duties on excess shipments to 50 per cent. To take effect, the plan must be approved by the European Parliament and…
EU officials are scouring the continent for levers they can pull to inflict maximum pain on others, as they look to survive in a world in which allies and partners are weaponising Europe’s own dependencies at an alarming rate. Trade bureaucrats are building a database of potential chokepoints that can be squeezed as deterrents or…